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Audnzdforecast

AUDNZD upside momentums weakensThis is currently a very preliminary trade idea based off of the current momentum on this pair. I outlined this trade idea in three major points. 1. The run-up from March 19th ceased at the 1.0613 level. Price proceeded to pull back to my #2 label at 1.0477 level. 2. Nothing out of the ordinary so far as price would retrace after such a rally. What's interesting is that this next wave didn't make as significant of a move. Specifically, we can see it hitting the #1 label highs and then stalling. 3. I'm currently observing the price action signal at this level. It broke back below the 1.06 level and then made an uptick. If price fails to make a surge higher, we could potentially see this pair reverse. Again, largely preliminary at the moment. Currently just keeping an eye on this pair for a potential opportunity.
Short
by FinancialGamblR
1
AUDNZD ANALYSISHello Traders I'm here with a new forex idea and analysis, Kindly share your LOVE by giving me LIKES and COMMENTS. Share with more traders like you. Follow me for more. Thanks in advance. A lot of questions might be roaming in your mind about audnzd and when it is the best moment to sell it. as you can see, on a daily bullish rally continues and we still don't see any red candle, though, we are already approaching strong daily resistance. for now, there are no reversal signs so we need additional confirmation. on 1H the price is growing within a rising parallel channel. the best confirmation for us will be a bearish breakout of its support. it will be a perfect trigger for us to open sell. in case of a breakout, I will set my stop above the underlined zone and for the initial target, I will aim at 1.035. stop to breakeven after 1.04 also, remember that bulls can just break through the zone. in case of a daily candle close above the zone, the setup will be invalid. Please support this idea with a LIKE if you find it useful. Thank you for reading this idea! I hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not Financial Advice.
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by Daily_Price_Action
AUDNZD technicaly based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support 📌Why DepaDigitalTrading: *Fundamental side in analysis *Price action - FIBO - Candl pattern *FX - STOCK - CRYPTO *Day trader - Swing trader - Position trader - "Sniper" *Simple ideas 💡 AUDNZD technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we can see strong bulish candels formation, technicaly expecting to see push in price till FIBO 1 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
by UnknownUnicorn3983388